If you�ve always dreamed of a perfect work life balance, the By the Sea Bikram Hot Yoga studio in Sidney BC is the opportunity you�ve been waiting for.
The original owners spent in excess of $300,000 build out improvements to ensure the 3200 square foot facility provides its customers along with a positive hot yoga experience. The current owners have actually invested further in heating and ventilation technology to operate the business more efficiently. They have actually additionally installed brand-new flooring. The final result is a visually appealing, odour free, state of the art space for yoga devotees to practice their art.
The business is profitable and provides the owner approximately $80,000 in annual discretionary earnings derived from approximately $200,000 in gross annual sales. The business has actually an extensive customer contact list managed through industry specific MindBody CRM software. Auto pay membership dues cover operating expenses for the facility allowing a brand-new owner to focus on growth opportunities.
If you are ready to make a positive change in your life, please contact Keith MacKenzie along with Chinook Business Brokers Ltd for more information about this opportunity.
Asking price for a share sale is $280,000
This is not a BC PNP eligible business.
Contact for more information on this bikram hot yoga studio.
Asking Price Range: $250K – $500K
Gross Revenues: $200,000
Cash Flow: $80,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
Year Established: 2006
Number of Employees: 1 – 3
Current Real Estate: Leased
Property: Property For Lease
Management Training and Support: Four (4) weeks or as much as necessary to ensure success.
Reason For Selling: Retirement.